The risks to the UK border in the event of a no deal Brexit is now, to a certain extent, out of the government’s control, a report on the nation’s preparedness for Brexit found on Wednesday.
The National Audit Office said that, though government departments have done a significant amount to prepare, the largest risks to the smooth operation of the border prevail and “resolving them is now, to some extent, out of government’s control”.
As the nation approaches the Halloween Brexit deadline at the end of the month, uncertainty over the future of the UK remains.
The National Audit Office said that the exact fate of the border in the event of a no deal departure from the European Union is not certain. However, the disruption of goods crossing the border and queues for businesses and the public are expected to occur.
“Preparing the UK border for EU exit with or without a deal is extremely complex and has required a huge amount of work from many government departments, agencies and third parties such as traders,” Gareth Davies, head of the National Audit Office, said in a statement.
“Despite their efforts, significant risks remain which may have consequences for the public and businesses,” Gareth Davies continued.
“Government will face new challenges in monitoring and responding to any disruption that may ensue following a no deal exit, and will need to replace temporary measures with sustainable long-term solutions to ensure the border is fit for purpose.”
On Wednesday the GBP/USD rose to a five-month high amid hope for a Brexit deal. The GBP/USD was trading above 1.28, which is the highest since May.